Oneindig Technologies IPO
Oneindig Technologies LtdSME
This IPO has listed.
- Open date
- 30 Jul 2026
- Close date
- 3 Aug 2026
- Min. Investment
- ₹2,30,400
- Lot Size
- -
- Fresh Issue
- ₹27.65 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- -
Subscription rate
- Qualified Institutional Buyers1.05x
- Non-Institutional Investors2.04x
- Retail-Individual Investors1.83x
- Total1.68x
Schedule
- Completed: IPO open date30 Jul 2026
- Completed: IPO close date3 Aug 2026
- Completed: Allotment date4 Aug 2026
- Completed: Funds unblock or debit5 Aug 2026
- Completed: Tentative listing date6 Aug 2026
About
Promoter shareholding in Oneindig Technologies Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Manoj Agrawal | 25,59,200 | 31.81% | 25,59,200 | 23.43% |
| Seema Agrawal | 8,00,160 | 9.95% | 8,00,160 | 7.32% |
| MAT Commercials Linkages Pvt L | 7,70,000 | 9.57% | 7,70,000 | 7.05% |
Financials of Oneindig Technologies IPO
| Key Performance Indicators | Mar 2025 | Jan 2026 |
|---|---|---|
| Operating Revenue | - | - |
| Other Income | - | - |
| Total Income | 46.01 | 57.46 |
| Total Expenses | 40.57 | 49.34 |
| Profit Before Tax | - | - |
| Total Profit | 4.16 | 5.97 |
Oneindig Technologies IPO Strengths & Risks
- Established EPC player, well positioned to capitalize in a fast-growing solar industry in India.
- Strong execution track record spread across geographies.
- Efficient co-development business model.
- Disciplined project selection & execution capability.
- Strong revenue visibility backed by robust Order Book.
- Risks Relating to the Business: The company's business is working capital intensive and requires substantial financing for its business operations. Any inability to meet the company working capital requirements or arrange necessary financing in a timely and cost-effective manner may adversely affect its operations and profitability.
- Risks Relating to the Business: Frequent Changes in Auditors Could Adversely Affect the Reliability and Continuity of the company Financial Reporting.
- Risks Relating to the Business: Potential risks and uncertainties associated with future development of renewable power projects on agricultural land.
- Risks Relating to the Business: There are certain delays in reporting of statutory dues by the company. Any further such delays may attract financial penalties from the respective government authorities and in turn may have a material adverse impact on its financial condition and cash flows.
- Risks Relating to the Business: The company's business is dependent on top 10 off-takers for the year, which have contributed 97.25%, 96.76%, 88.01%, 69.38% of its revenue from operations during the Period ended January 31, 2026 and Financial Year ended 2025, 2024 and 2023, respectively. The loss of any of these off-takers could have an adverse effect on the company's business, financial condition, results of operations and cash flows. However, the top 10 customers vary year on year subject to longevity of the contract with the Company.
- Risks Relating to the Business: The company procured 86.01%, 99.49%, 93.46%, 81.50% of its total purchases during the period ended January 31, 2026 and Financial Year ended 2025, 2024 and 2023, respectively from top 10 of the company suppliers. Further, its does not have definitive supply agreements with the company vendors for the supply of components and any interruptions in supply could adversely affect its business, financial condition, results of operations and cash flows.
- Risks Relating to the Business: The company has Quantifiable contingent liabilities and commitments, and its financial condition could be adversely affected if these contingent liabilities or commitments materialize.
- Risks Relating to the Business: The Company, Promoter and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- Risks Relating to the Business: The company has experienced negative operating cash flows in the past. Any operating losses or negative cash flows in the future could adversely affect its results of operations and financial conditions.
- Risks Relating to the Business: Its Subsidiaries are involved in a business which is of same line of business/unit as that of the Company.
- Risks Relating to the Business: Clerical Errors in Statutory Filings with the Registrar of Companies and Related Compliance Proceedings.
- Risks Relating to the Business: An error in its Tax Audit Report has resulted in an income tax demand against the Company; any future errors or omissions in statutory filings, including tax audit reports, may expose it to tax demands, penalties, and regulatory consequences, which could adversely affect the company's business, financial condition, and reputation.
- Risks Relating to the Business: A significant portion of the company's Revenue from Operations during the period ended January 31, 2026 was derived from the states of Uttar Pradesh Haryana and Jammu & Kashmir, contributing approximately 93.51%, and any loss of business in such region could have an adverse effect on the company's business, results of operations and financial condition.
- Risks Relating to the Business: The Registered office and warehouses of the company located in Faridabad, Jammu & Kashmir and Hisar respectively is on rented basis. There can be no assurance that the rent agreement will be renewed upon termination or that its will be able to obtain other premises on rent or on same or similar commercial terms.
- Risks Relating to the Business: In case of the company inability to obtain, renew or maintain the statutory and regulatory licenses, permits and approvals required to operates its business it may have a material adverse effect on the company's business.
- Risks Relating to the Business: The company's insurance policies does not cover all risks, specifically risks like loss of profits, terrorism, etc. In the event of the occurrence of such events, the company insurance coverage may not adequately protect it against possible risk of loss.
- Risks Relating to the Business: The company's management will have broad discretion in how its apply the Net Proceeds, including interim use of the Net Proceeds, and there is no assurance that the objects of the Issue will be achieved within the time frame expected or at all, or that the deployment of the Net Proceeds in the manner intended by the company will result in any increase in the value of your investment.
- Risks Relating to the Business: The company's brand name is not owned by it but by the company Promoter Group company, and any restriction or dispute relating to its use could adversely affect the company's business, goodwill and results of operations.
- Risks Relating to the Business: The company's inability to protect or use its intellectual property rights or comply with intellectual property rights of others may adversely affect the company's business and results of operations.
- Risks Relating to the Business: Any adverse changes in regulations governing the company's business operations or products or the products of its end customers, may adversely impact the company's business, prospects, results of operations and cash flows.
- Risks Relating to the Business: There is no monitoring agency appointed by the Company and the deployment of funds are at the discretion of its management and the company board of Directors, though it shall be monitored by the company Audit Committee.
- Risks Relating to the Business: Its may be unable to detect, deter and prevent all instances of fraud or other misconduct committed by the company employees which may have a material adverse effect on its business, reputation, results of operations, financial condition and cash flows.
- Risks Relating to the Business: The company is highly dependent on its Key Managerial Personnel, Senior Management Personnel and skilled professionals for the company's business. The loss of its inability to attract or retain such persons could have an adverse effect on the company's business performance.
- Risks Relating to the Business: The company has not identified any alternate source of raising the funds mentioned as its `Objects of the Issue'. Any shortfall or delay in raising / meeting the same could adversely affect the company growth plans, operations and financial performance.
- Risks Relating to the Business: The company's future fund requirements, in the form of further issue of capital or securities and/or loans taken by it, may be prejudicial to the interest of the Shareholders depending upon the terms on which they are eventually raised.
- Risks Relating to the Business: The company has not independently verified certain data in this Red Herring Prospectus.
- Risks Relating to the Business: The company has incurred indebtedness which exposes it to various risks which may have an effect on the company's business and results of operations.
- Risks Relating to the Business: The Company has entered into related party transactions in the past and may continue to enter into related party transactions in the future, which may potentially involve conflicts of interest with the equity shareholders.
- Risks Relating to the Business: The requirement of funds in relation to the objects of the Offer has not been appraised by any banks/ institutions.
- Risks Relating to the Business: Unfavorable Media Coverage or Negative Publicity of the company Partners May Adversely Affect its Brand, Business, Financial Condition, Cash Flows, and Results of Operations.
- Risks Relating to the Business: The company has issued equity shares at different prices in the recent past, which may be perceived as inconsistent and could raise concerns among investors.
- Risks Relating to the Business: Reclassification of Jitendra Dharampal Tiwari from Promoter category to Public Shareholder due to resignation from the Board of Directors of the Issuer Company.
- Risks Relating to the Business: Its Subsidiaries are involved in a business which is of same line of business/unit as that of the Company.
